Director dealings: IWG CEO sells big batch of shares

(Sharecast News) - Estorn Limited, an entity closely associated with IWG boss Mark Dixon, sold a hefty amount of shares. According to IWG, on 28 May, Estorn sold 35m shares at roughly 1.96p apiece for a total transaction amount of about £68.54m.

The proceeds were to be used to unwind pledge and lending arrangements between Estorn and Deutsche Bank Luxembourg SA.

Following the sale Dixon was left with a stake of 25.2% in IWG.

Top Director Buys

Man Group (EMG) Director name: Joshi ,Dixit Amount purchased: 38,183 @ 261.32p Value: £99,778.82

Foresight Solar Fund Limited (FSFL) Director name: Ohlsson,Alex Amount purchased: 100,000 @ 87.20p Value: £87,200.00

Finsbury Growth & Income Trust (FGT) Director name: Hayes ,Simon Amount purchased: 3,738 @ 839.85p Value: £31,393.73

Land Securities Group (LAND) Director name: Mannings,Moni Amount purchased: 4,643 @ 646.00p Value: £29,993.78

Brighton Pier Group (the) (PIER) Director name: Martin,Anne Amount purchased: 10,821 @ 45.38p Value: £4,911.10

Pharos Energy (PHAR) Director name: Rivett,Sue Amount purchased: 4,013 @ 24.30p Value: £975.16

Marks & Spencer Group (MKS) Director name: Bickerstaffe,Katie Amount purchased: 49 @ 301.40p Value: £147.69

Top Director Sells

Iwg (IWG) Director name: Dixon,Mark Amount sold: 35,000,000 @ 195.82p Value: £68,536,999.23

Aj Bell (AJB) Director name: Summersgill ,Michael Thomas Amount sold: 119,000 @ 393.07p Value: £467,747.58

Aj Bell (AJB) Director name: Summersgill ,Michael Thomas Amount sold: 81,000 @ 387.83p Value: £314,138.74

Taseko Mines Limited Npv (di) (TKO) Director name: Hallbauer,Russell Amount sold: 50,000 @ $4.10 Value: $121,280.32

Aj Bell (AJB) Director name: Birch,Peter Amount sold: 6,500 @ 386.68p Value: £25,134.20

Taseko Mines Limited Npv (di) (TKO) Director name: Hallbauer,Russell Amount sold: 9,100 @ $3.95 Value: $21,265.47

Aj Bell (AJB) Director name: Summersgill ,Michael Thomas Amount sold: 5,000 @ 387.83p Value: £19,391.28